Li Auto, another head and shoulder forming?many head and shoulders are forming. do you have the balls to buy?
LIA/N trade ideas
an important place for LI in my opinionthis is an important price due to a continuing bonce off the down trend yellow line, you can see it has bounced off this line several times therefore the resistance of this line is big, I was also slightly annoyed as LI reported record earnings and a profitable quarter but the stock went down I'm posting this because if we break this line we may break out of this down trend as well as the MACD crossing also causing a breakout. disclaimer: THIS IS NOT FINANCIAL ADVICE
SAFE TRADES!
💡$LI 🚗 Waiting for breakout on LI💰+22%🏌️♂️📚Interesting price action on LI. Waiting for a break out of bearish resistance trend line and 20 day MA. NASDAQ:LI
Long positionA classic dragon pattern (sell wall) that has finally exhausted sellers and now we're seeing classic bullish divergence on the 4HR with lower selling pressure on the MacD and more buying pressure on the RSI supported by lower price action and oscillators moving positive. LMK what you think in the comments and as always set stop losses, good luck!
Li, longLi Auto with good earning trapped in a deep red market and weak EV sector. Now getting more hit from NIO earning miss. Ready to breakout. The premarket price 24.8 could be a steal imo.
LI End of Complex Correction Li is nearing end of complex correction near wave 4 territory. Price is within the 0.5-0.618 retracement. XPEV has a similar chart for Li if you want to play either one. WXY corrective wave is within parallel channels. Ideally, great entry would be near bottom of the channel.
$LI primed to run$LI has been coiling a while. Primary wave C just ticked the 0.618 of primary wave A, marking what I believe is the end of a cycle wave 2. After today's low, I believe we are in intermediate wave 3 of primary wave 1 of cycle wave 3. Lots of room to run here. Target around $35.
LI Earnings Drop Will Recover!LI saw some selling after their earnings report. This doesn't mean anything, and I'm still bullish on it. In actuality this is a great buying opportunity. Just want to see it break out of that downtrend and start creating an uptrend.
$LI Waiting for re-entryHolding a small position in LI Auto. Looking to add if wave C is in play and if we're moving for a 3rd leg higher. If the stop loss is held, then the length that it took to reach wave 1 will reach wave 3 aboe 68 level in 5-6 months.
$LI - 78.6 retracementAfter completing 78.6% retracement, I've decided to go long.
78.6 and 88.6 are my two favorite retracement levels.
Risk: 9.9%
Reward: 98%
Li Auto Why so sideways?Li Auto was looking very good to me, but now I'm not so sure. Typically, the textbook Bull Flag that it created would already have experienced a breakout. The elongated symmetrical triangle is also not sending any clear signals of which way it'll go. With volume low and earnings looming, we have seen LI find support and cool off. I still remain bullish behind the company. Expecting breakout in the coming weeks, especially behind good earnings. Only Time Will Tell. *NFA*
Li Auto- Risky Bull ERFew things going on with LI from a TA aspect. We have a longer-term symmetrical Triangle at play and see in the volume channels it's at the bottom, I expect a bullish run up to ER., Let's see how 10 am looks tomorrow to decide if the bounce-off bottom support holds and decide to enter. If I do I am not a fan of holding thru ER unless it is pure profit so I will have to update on what strategy is after I enter. This is not the safest play by all means.
What is really interesting is look at what happened last time we saw LI in this situation same.... Let's hope history repeats itself!
Don't Overcomplicate this... $LI is clearly Bullish $XPEV too...Don't get shaken out of such a good risk reward situation
$LI - Do you see what I see?- Beautiful flag on hourly and daily. Range is too tight on daily for this to not break out on the upside.
